November 19, 2019

finance

  1. August 1, 2017

    Amy Wang named director of procurement services

    Amy Wang has been selected as the university’s new director of procurement services. Wang’s appointment will be effective Aug. 7.

  2. October 27, 2015

    University to host TSA PreCheck enrollment event next month

    The university’s Procurement Services Department is bringing the Transportation Security Administration’s PreCheck program to campus Nov. 16-20 for a special enrollment event.

  3. July 8, 2015

    New Procurement Services website enhances buying experience

    Procurement Services recently launched a new website with features intended to make purchasing easier and faster for the university community.

  4. May 7, 2015

    PNC Bank is U-M’s new official consumer bank

    PNC Bank has been chosen as the university’s new official consumer bank, effective May 1, and will sponsor the university’s Mcard program.

  5. March 31, 2015

    New federal rules coming for research project funding

    U-M has begun to implement new federal regulations for the oversight of federally funded research projects.

  6. January 9, 2015

    New Procurement SPG offers more flexibility and protection

    A new Standard Practice Guide on university procurement includes an increased bid limit, a defined signature authority system, and measures to manage institutional risk.

  7. October 16, 2014

    Campaign, investments help put U-M in strong financial position

    A strong start to the Victors for Michigan fundraising campaign and overall investment returns of more than 18 percent helped put U-M in a strong financial position for the 2014 fiscal year.

  8. March 20, 2014

    Sullivan named new U-M treasurer

    John Sullivan has been appointed as the university’s new treasurer. His appointment, effective April 1, was approved Thursday by the Board of Regents.

  9. March 12, 2014

    Strategic Sourcing program exceeds projections, saves $16M

    The initial wave of U-M’s Strategic Sourcing effort saved the university more than $16 million in fiscal year 2013 on six categories of purchased goods and services.

  10. October 31, 2013

    Campus finance and HR processes to move to Shared Services Center

    Finance • Accounting • Accounts payable • Billing and accounts receivable • Travel and expense reimbursement Human Resources • Benefits and retirement savings administration • Data management and reporting • Time and leave administration • Onboarding, immigration/relocation and exit